February 24, 2021

Retail icon Sears preparing to file for bankruptcy

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From Newsmax Sears Holdings Corp. is preparing to file for Chapter 11 bankruptcy protection as early as Friday, sources said on Wednesday Negotiations between Sears Chief Executive Eddie Lampert and Sears’ special board committee are at a standstill over the committee’s refusal to approve Lampert’s rescue plan, the sources said. Sears Holdings shares lost nearly […]